TradingKey – As of July 28 Eastern Time, SpaceX ( SPCX) hit another intraday all-time low of $107.01, closing at , down nearly from its IPO price, and down over 50% from its peak.

Reportedly, the booster failed to achieve a perfect recovery during the 13th test flight of SpaceX’s Starship. Meanwhile, as the lock-up expiration approaches, investors are dumping SpaceX stock, and the share price continues to search for a bottom. However, after a six-week correction cycle, its market capitalization has fallen to $1.43 trillion as the valuation bubble continues to deflate, raising the question: Will SpaceX see a stock price recovery?